Question
A company has ₹10 lakh in equity and ₹10 lakh in 10%
debt. EBIT is ₹4 lakh and tax rate is 30%. What is the financial leverage?Solution
Financial Leverage = EBIT / EBT EBT = EBIT – Interest = ₹4,00,000 – ₹1,00,000 = ₹3,00,000 FL = ₹4,00,000 / ₹3,00,000 = 1.33
A black and a red dice are rolled. Find the conditional probability of obtaining a sum greater than 9, given that the black die resulted in a 5.
If three socks are chosen at random, what is the probability that all are blue socks?
A bag contains 3 black balls, 7 red balls and 5 white balls. Two balls are drawn simultaneously. Find the probability that both the balls are of same c...
What is the probability that the cards drawn contains exactly 2 purple card?
- Dravid who is playing a game with his younger brother threw a dice three times. What is the probability of getting at least four on each attempt?
A biased six-faced dice when thrown, is thrice as likely to show an odd number than an even number. If it is thrown twice, then the probability that the...
In a container, there are (x + 4) red balls, ‘x’ blue balls, and (x + 5) black balls. If the probability of picking two blue balls at random is (1/3...
A bag holds 'a' red bands and 5 green bands. If two bands are drawn sequentially at random without replacement, the probability that both selected bands...
A box contains 5 red, 4 blue, and 6 green balls. Two balls are drawn at random. What is the probability that both balls are green?
Two schools, A and B participate in a Quiz competition. The probability of A’s winning is 3/7 and the probability of B’s winning is 3/5. Wha...
